A unit of Allstate Insurance Co. has introduced a fixed annuity that is tied to stock market performance and is aimed at luring conservative consumers to invest in equity markets.

Nebraska-based Lincoln Benefit Life Insurance Co. last month started marketing Savers Index, which pays a yield linked to the Standard & Poor's index of 500 stocks but guarantees no loss of principal.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.